FerrariRare10-yr COE renewal in price
Registered21-Jan-2017
COE left3m (+10y in price)
Mileage59,000 km
Owners4 Owners
Engine3,902 cc
ColouriWorked out from the listing’s photo, so it may not always be right: lighting, reflections and the background can fool it.Red
FuelPetrol
Fuel useabout 10.4 L/100 km (estimate)
GearboxAuto (dual clutch)
DriveiGoing by the badge in the listing’s title and what this model usually comes with, so check with the seller if it matters.Rear-wheel drive
Body typeSports
COE categoryB
Manufactured2016
On the marketabout 5 months
OMV$256,357
ARF$433,443
Road tax$3,796 /yr
Power493.0 kW (661 bhp)
Weight1,515 kg
What it really costs
DepreciationS$61,270/yr
Road taxS$3,796/yr
TogetherS$5,422/month
About S$195,198 in all, before insurance, fuel, parking and servicing.
Assumes its value falls in a straight line to its paper value when the COE runs out, as Singapore’s depreciation figure does.
How it compares: depreciation of the 10 COE-renewed Ferrari 488 registered 2016–2017, by registration date
This car Similar cars (tap one to open it) Typical figure
Ferrari 488 GTB (New 10-yr COE)
2017 · Sports · COE renewed · Rare
S$496,385real price, without the COE renewal
Asking S$628,000, including a 10-year COE renewal · S$61,270/yr like-for-like depreciation
S$628,000S$61,270/yr depreciation
76
Great carma
Carma score out of 100
- Depreciation 8% below the S$66,250/yr typical of 10 COE-renewed Ferrari 488 registered 2016–2017
- Low mileage: about 6,100 km a year
- 4 owners
- 10 years of COE left
Depreciation against 10 COE-renewed Ferrari 488 registered 2016–2017 (typical S$66,250/yr): a fair number to go on
LowerHigher
Facts from the listing on sgcarmart.com, with prices rechecked daily. Carma doesn’t sell this car: contact the seller through the original listing.